Carrols Restaurant Group, Inc. (NASDAQ:TAST) has earned a consensus rating of “Buy” from the six analysts that are currently covering the firm, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $15.33.

A number of equities research analysts have commented on the company. Zacks Investment Research lowered Carrols Restaurant Group from a “buy” rating to a “hold” rating in a research report on Wednesday. Citigroup upped their price target on Carrols Restaurant Group from $13.00 to $15.00 and gave the company a “buy” rating in a research report on Monday, November 20th. Raymond James Financial reiterated an “outperform” rating and issued a $15.50 price target on shares of Carrols Restaurant Group in a research report on Tuesday, September 26th. UBS lowered Carrols Restaurant Group from a “strong-buy” rating to an “outperform” rating in a research report on Tuesday, September 26th. Finally, ValuEngine upgraded Carrols Restaurant Group from a “sell” rating to a “hold” rating in a research report on Friday, September 22nd.

In related news, CEO Daniel T. Accordino sold 50,000 shares of the company’s stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $13.06, for a total transaction of $653,000.00. Following the sale, the chief executive officer now owns 1,147,860 shares in the company, valued at approximately $14,991,051.60. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP William E. Myers sold 6,400 shares of the company’s stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $12.96, for a total value of $82,944.00. Following the sale, the vice president now owns 77,049 shares in the company, valued at approximately $998,555.04. The disclosure for this sale can be found here. Insiders own 5.60% of the company’s stock.

Institutional investors have recently made changes to their positions in the stock. BNP Paribas Arbitrage SA boosted its position in shares of Carrols Restaurant Group by 179.1% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 8,547 shares of the restaurant operator’s stock valued at $105,000 after purchasing an additional 5,485 shares in the last quarter. SG Americas Securities LLC bought a new stake in shares of Carrols Restaurant Group during the 3rd quarter valued at about $104,000. Susquehanna International Group LLP boosted its position in shares of Carrols Restaurant Group by 165.2% during the 3rd quarter. Susquehanna International Group LLP now owns 10,794 shares of the restaurant operator’s stock valued at $118,000 after purchasing an additional 27,358 shares in the last quarter. Boothbay Fund Management LLC bought a new stake in shares of Carrols Restaurant Group during the 3rd quarter valued at about $133,000. Finally, Aperio Group LLC boosted its position in shares of Carrols Restaurant Group by 9.2% during the 2nd quarter. Aperio Group LLC now owns 13,343 shares of the restaurant operator’s stock valued at $163,000 after purchasing an additional 1,128 shares in the last quarter. Institutional investors own 88.48% of the company’s stock.

Shares of Carrols Restaurant Group (NASDAQ:TAST) traded down $0.25 on Friday, reaching $12.70. The company’s stock had a trading volume of 235,900 shares, compared to its average volume of 255,707. Carrols Restaurant Group has a fifty-two week low of $9.90 and a fifty-two week high of $17.55. The company has a current ratio of 0.95, a quick ratio of 0.85 and a debt-to-equity ratio of 1.79. The firm has a market cap of $468.26, a PE ratio of 107.92, a PEG ratio of 4.86 and a beta of 0.18.

Carrols Restaurant Group (NASDAQ:TAST) last issued its earnings results on Wednesday, November 8th. The restaurant operator reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.03). Carrols Restaurant Group had a return on equity of 4.61% and a net margin of 3.13%. The firm had revenue of $258.24 million during the quarter, compared to analyst estimates of $277.00 million. During the same period in the previous year, the company earned $0.13 EPS. Carrols Restaurant Group’s revenue for the quarter was up 8.1% on a year-over-year basis. equities analysts forecast that Carrols Restaurant Group will post 0.13 earnings per share for the current fiscal year.

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Carrols Restaurant Group Company Profile

Carrols Restaurant Group, Inc is a holding company and conducts all of its operations through its subsidiary, Carrols Corporation (Carrols) and Carrols’ subsidiary, Carrols LLC. The Company is a restaurant company and Burger King franchisee in the United States. As of January 1, 2017, the Company had owned and operated 753 Burger King restaurants under the name Burger King in 16 Northeastern, Midwestern and Southeastern states.

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